The Property Practitioners Regulatory Authority (PPRA) has stated that it will not issue a Fidelity Fund Certificate (FFC) to any Real estate agent without a complaint B-BBEE certificate for the upcoming renewal period for FFCs in 2025. Section 48 of the Property Practitioners Act of 2022 states that no FFC may be issued without a … New B-BBEE Requirements for Real Estate Agents in 2025
Success in navigating South Africa’s BBBEE landscape hinges on effective planning and strategic implementation. In this instalment, we explore crucial steps for businesses to maximise empowerment outcomes. In our previous article, we discussed each aspect of the BBBEE Scorecard. In this follow-up, we’ll focus more on early strategy development, targeted fund allocation, and focused initiatives … BBBEE Part 2 – Strategic planning & implementation
The significance of early engagement with BBBEE (Broad-Based Black Economic Empowerment) compliance efforts cannot be overstated. By acting promptly and efficiently to structure empowerment initiatives in alignment with BBBEE codes and scorecards, you not only mitigate compliance risks but also unlock strategic advantages and growth opportunities. Delaying such endeavours compromises the ability to leverage empowerment … Refine your BBBEE strategy and budget allocation – proactive planning yields optimal results
